A whale with a lot of money to spend has taken a noticeably bullish stance on AGNC Investment.
Looking at options history for AGNC Investment AGNC we detected 11 strange trades.
If we consider the specifics of each trade, it is accurate to state that 63% of the investors opened trades with bullish expectations and 36% with bearish.
From the overall spotted trades, 7 are puts, for a total amount of $315,552 and 4, calls, for a total amount of $160,760.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $8.0 to $11.0 for AGNC Investment over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for AGNC Investment options trades today is 15322.71 with a total volume of 19,666.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for AGNC Investment's big money trades within a strike price range of $8.0 to $11.0 over the last 30 days.
AGNC Investment Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AGNC | PUT | SWEEP | BULLISH | 06/16/23 | $11.00 | $64.0K | 7.5K | 836 |
| AGNC | PUT | SWEEP | BULLISH | 06/16/23 | $11.00 | $63.2K | 7.5K | 434 |
| AGNC | CALL | TRADE | BULLISH | 01/17/25 | $10.00 | $57.5K | 4.0K | 1.5K |
| AGNC | PUT | TRADE | BULLISH | 06/16/23 | $9.00 | $54.0K | 57.7K | 6.2K |
| AGNC | PUT | SWEEP | BEARISH | 03/17/23 | $10.00 | $44.0K | 8.7K | 1.5K |
Where Is AGNC Investment Standing Right Now?
- With a volume of 20,280,529, the price of AGNC is up 0.45% at $10.02.
- RSI indicators hint that the underlying stock may be oversold.
- Next earnings are expected to be released in 49 days.
What The Experts Say On AGNC Investment:
- JP Morgan upgraded its action to Overweight with a price target of $12
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for AGNC Investment, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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